SHC refers case to classification committee, shifting of goods to CPF bond by Redox Pvt Ltd

KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan referred a dispute over PCT heading to Classification Committee concerned while ordered shifting of goods to CPF bond.

The bench earlier heard a counsel from Franklin Law Associates who maintained that petitioner Redox Private Limited is importer of Iron Oxide used in oil fields and declared PCT heading 2828.1010. The lab of Pakistan Customs also confirmed the goods in dispute but West Collectorate is adamant over applying PCT heading 3208.4990. If the respondents still questions the PCT declared then importer request for declaring it a frustrated cargo as per request of the supplier and may be allowed to be re-exported.

The bench after hearing the sides referred the case to the Classification Committee concerned while also ordered shifting of another container to the CPF bond till decision by the Adjudicating authority.

Bookmark the permalink.

Comments are closed.

  • RSS Newsnreleases

    • Morgan Stanley’s Antwerp Management buying Augean Plc for £314.9mn 30-Jul-2021
      LONDON, UK: Antwerp Management Limited, a newly-incorporated company indirectly owned by funds managed or advised by Morgan Stanley Infrastructure Inc.... Continue reading The post Morgan Stanley’s Antwerp Management buying Augean Plc for £314.9mn appeared first on NewsnReleases.
    • Heineken assumes control of United Breweries Limited 30-Jul-2021
      AMSTERDAM, Heineken N.V. has obtained control of United Breweries Limited (UBL) in India following recent acquisition of additional ordinary shares in UBL, taking its... Continue reading The post Heineken assumes control of United Breweries Limited appeared first on NewsnReleases.
    • Dicker Data to acquire Exceed Group for $68 million 30-Jul-2021
      SYDNEY, AUSTRALIA: Dicker Data Limited has entered into a binding Sale and Purchase Agreement (SPA) to acquire the Exeed Group operating across Australia and... Continue reading The post Dicker Data to acquire Exceed Group for $68 million appeared first on NewsnReleases.
    • Magnit starts making ready-to-eat products for convenience stores 30-Jul-2021
      KRASNODAR, RUSSIA: Magnit PJSC, one of Russia’s leading retailers, started making ready-to-eat products for its convenience stores in Magnit Family... Continue reading The post Magnit starts making ready-to-eat products for convenience stores appeared first on NewsnReleases.
    • Qatar Holding buys stake in Airtel Africa’s mobile money business 30-Jul-2021
      LONDON, UK: Qatar Holding LLC, an affiliate of the Qatar Investment Authority (QIA), has agreed a minority stake in Airtel Mobile... Continue reading The post Qatar Holding buys stake in Airtel Africa’s mobile money business appeared first on NewsnReleases.